Tuesday, February 17, 2009

Simpson School saga continues

In Tuesday’s newspaper we had an article on the former Simpson School property in Wallingford. The headline read: “Development work may get going soon.” I hate to be a pessimist, but I doubt it. First I watched the school decay for a decade. For the past year and a half I’ve been driving by an empty lot. When the council sold the property for only $100,000 in March 2007 I doubted the developer could make the condominium proposal work because of all the regulations the council attached.

Instead of putting so many restrictions on developing the property, the Town Council should have turned it over to a real estate agent and sold to the most reasonable highest bidder. The area is a mix of commercial and residential development. If the town had allowed it to be used for a medical building or some other conforming commercial use, they could have sold it for closer to $1 million. Let me know what you think.

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